$ trump memecoin的兴起

Memecoins是加密货币，通常源自Internet模因或与之相关的幽默元素。这些硬币通常不

Memecoins have become a viral phenomenon in the cryptocurrency sphere, often collecting massive amounts of liquidity in short time spans. These coins, frequently derived from internet memes or featuring humorous elements, typically lack intrinsic value or a strong project to propel them. Instead, they gain popularity and accrue value through community involvement, social media hype, and speculative trading.

在加密货币球体中，纪念物已成为一种病毒现象，经常在短时间内收集大量的流动性。这些硬币通常来自互联网模因或具有幽默的元素，通常缺乏内在价值或推动它们的强大项目。相反，它们通过社区参与，社交媒体炒作和投机性交易获得了知名度和价值。

Many new memecoins are launched on the Ethereum, Solana, or Binance Smart Chain blockchain networks. Transactions and ownership of these coins are recorded on these decentralized ledgers, which are open for anyone to view.

以太坊，Solana或Binance Smart Chain区块链网络上推出了许多新的Memecoins。这些硬币的交易和所有权记录在这些分散的分类帐中，这些分类帐供任何人查看。

The $TRUMP coin, launched on January 18 on the Solana blockchain, is the latest memecoin to take the crypto market by storm. It quickly became a subject of controversy and scrutiny. Within a couple of days of its launch, the token had a market capitalization of around US$10 billion, placing it among the top 25 largest digital assets.

$特朗普的硬币于1月18日在Solana区块链上推出，是最新的Memecoin席卷了加密货币市场。它很快成为了争议和审查的主题。在推出后的几天内，代币的市值约为100亿美元，将其列入了前25名最大的数字资产之列。

As the market recovered from the 2024 crypto crash, traders were pouring billions of dollars into a token named after the world’s most powerful man. The coin had many of the characteristics of a degenerate memecoin—no Github activity, a smallish community, and little in the way of news to drive prices other than speculative volume.

随着市场从2024年的加密货币崩溃中恢复，交易者将数十亿美元投入到以世界上最有权势的人命名的代币中。硬币具有堕落的模因的许多特征 - 没有github活动，一个小的社区，而新闻的方式很少，而不是推测投机量以外的其他新闻。

It had shot up an incredible 3500% from its initial price at launch of $0.24. At the time of writing, the TRUMP price is down 72% from its all-time high of $44.28, which it reached on the day of Trump’s inauguration.

它的最初价格比最初的价格上涨了3500％，价格为0.24美元。在撰写本文时，特朗普的价格低72％，其历史最高售价为44.28美元，这是特朗普就职当天达到的。

On January 19, President-elect Trump’s official account retweeted Donald’s son Eric, who was referencing the TRUMP memecoin when he wrote, “I am extremely proud of what we continue to accomplish in crypto.”

1月19日，当选总统特朗普的官方帐户转发了唐纳德的儿子埃里克（Eric），他在写道：“我为我们继续在加密货币中所取得的成就感到非常自豪。

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Trump and memecoins: A perfect match

特朗普和纪念物：完美的比赛

From his initial presidential run in 2015 to the present day, Trump has been like a living meme. His exaggerated mannerisms, bombastic language (“You’re fired!”, “Fake news!”, “Make America Great Again”), and refusal to follow political norms make him endlessly memeable.

从2015年的最初总统竞选到今天，特朗普一直都像一个活着的模因。他夸张的举止，夸张的语言（“你被解雇！”，“假新闻！”，“让美国再次变得伟大”），拒绝遵守政治规范，使他无休止地令人难忘。

Trump has also been a noted supporter of the cryptocurrency sector. Since he began his second term in 2025, the American digital asset sector has become much easier to operate. His administration promises more support and structure, and less regulation by enforcement from watchdogs like the Securities and Exchange Commission (SEC).

特朗普也是加密货币部门的著名支持者。自从他于2025年开始第二任期以来，美国数字资产部门变得更加容易运营。他的政府承诺提供更多的支持和结构，并减少了诸如证券交易委员会（SEC）等监管机构的执法法规。

An Exclusive Dinner for Top 220 Holders

前220名持有人的独家晚餐

Trump hosted a black-tie dinner at his Trump National Golf Course in Virginia for the top 220 holders of the $TRUMP. The dinner was part of a promotional campaign that offered exclusive access to the former president for significant investors in the memecoin.

特朗普在弗吉尼亚州的特朗普国家高尔夫球场（Trump National Golf Course）举办了黑领带晚餐，旨在$特朗普的前220名持有人。晚宴是促销活动的一部分，该运动为这位大型纪念物的重要投资者提供了独家访问权。

According to reports, the top 25 holders of the $TRUMP token were promised a private reception with Trump at the dinner. Among the attendees was crypto billionaire Justin Sun, who reportedly invested over $20 million in the TRUMP coin, making him one of its largest holders. Sun is said to have received a $100,000 Trump-branded Tourbillon watch at the event. Former National Basketball Association star Lamar Odom was among the other attendees.

据报道，$特朗普代币的前25名持有人承诺在晚宴上向特朗普举行私人招待会。参与者中有加密货币亿万富翁贾斯汀·孙（Justin Sun），据报道，他向特朗普硬币投资了超过2000万美元，使他成为其最大的持有人之一。据说太阳在活动中获得了100,000美元的特朗普品牌陀飞轮手表。前国家篮球协会明星拉马尔·奥多姆（Lamar Odom）也是其他与会者。

The TRON price has moved steadily upward since the SEC case against founder Justin Sun was paused late in February.

自从SEC案针对创始人贾斯汀·孙（Justin Sun）案件于2月下旬暂停以来，特隆·普莱斯（Tron Price）一直稳步上升。

It’s a spectacular turn around for Tron founder Sun. Back in March 2023, the SEC filed a lawsuit against Sun and three of his affiliates, alleging the unregistered sale of securities and manipulation of the token’s secondary market. The agency accused Sun of engaging in wash trading—repeatedly buying and selling a token to create misleading market activity.

对于Tron创始人Sun来说，这是一个壮观的转折。早在2023年3月，美国证券交易委员会（SEC）就Sun和他的三名会员提起诉讼，指控未注册出售证券和对代币的二级市场的操纵。该机构指责太阳从事WASH交易，并占有代币以创造误导性市场活动。

Additionally, the SEC charged Sun with paying celebrities such as Lindsay Lohan, Jake Paul, and Soulja Boy to promote his crypto projects without properly disclosing their compensation, which is a violation of federal regulations.

此外，SEC还指控太阳以林赛·洛汉（Lindsay Lohan），杰克·保罗（Jake Paul）和索尔贾（Soulja）男孩（Soulja Boy）等付费名人，以促进他的加密项目，而无需透露赔偿，这违反了联邦法规。

However, after investing $30 million in Trump’s World Liberty Financial, the SEC requested a pause in Sun’s ongoing legal case, which the court approved in late February.

但是，在向特朗普的世界自由金融投资了3000万美元之后，SEC要求在Sun正在进行的法律案件中暂停，法院在2月下旬批准了该案件。

Legal Concerns: Bribery and the Constitution

法律关注：贿赂和宪法

The dinner has quickly drawn scrutiny from lawmakers and ethics experts. On May 22, 35 Democratic House members sent a letter to the Department of Justice, urging an investigation into potential violations of federal bribery statutes and the Foreign Emoluments Clause of the U.S. Constitution.

晚餐迅速受到了立法者和道德专家的审查。 5月22日，35名民主党众议院议员向司法部发了一封信，敦促对美国宪法的可能违反联邦贿赂法规和《外国艾尔将条款》进行调查。

The Emoluments Clause prohibits federal officials from accepting gifts or payments from foreign states without congressional consent. Given the presence of international investors like Sun at the dinner, concerns have been raised about potential foreign influence over U.S. policy decisions.

这些埃默尔条款禁止联邦官员在未经国会同意的情况下接受来自外国的礼物或付款。鉴于晚宴上的国际投资者在场，人们对美国政策决策的潜在影响引起了人们的关注。

Political Fallout and Regulatory Ramifications

政治后果和监管后果

The event has sparked a broader debate about the intersection of politics and cryptocurrency. Critics argue that the dinner exemplifies a “pay-to-play” scheme, where access to political figures is granted in

该活动引发了关于政治与加密货币交集的更广泛的辩论。批评家认为，晚餐例证了一个“付费”计划，在其中获得政治人物的机会